Aim: Why do
economists call the demand curve one of the main "tools" of their
profession?
Bell Ringer: Review
"Law of Demand" worksheet and grade
Objectives:
1. Students will define supply, demand,
quantity supplied, and quantity demanded; graphically illustrate situations
that would cause changes in each, and demonstrate how the equilibrium price of
a product is determined by the interaction of supply and demand in the market
place.
Agenda:
1. Bell Ringer (10 min)
2. Have students complete the
note-taking guide (Demand) using their textbook (McGraw-Hill Economics
Principles and Practices pp. 88-115), online resources, or class notes as
appropriate. Teachers may want to guide students through completing the notes,
have students work in small groups, or independently. (rest of class)
Home
Learning: Complete your designated section of the NTG.
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